US EditionSoybeans Falling on Monday Morning Due to Concerns Over Trump/Xi Meeting
9 Articles
9 Articles
In fact, US President Trump should be heading for the Far East in two weeks' time.
Chicago soybean futures prices plunged 3.5% on Monday (March 16), falling below $12 per bushel, amid concerns that trade talks between the United States and China, the world’s largest soybean buyer, may be delayed.
US President Donald Trump's scheduled meeting with Chinese President Xi Jinping appears to be in no danger, but could be postponed, the White House said. Spokeswoman Caroline Leavitt said the US president remains fully focused on the war in Iran, which could lead to a change in schedule. Trump was due to travel to China from March 31 to April 2 for a long-awaited summit between the world's two largest economies.
Soybeans Falling on Monday Morning Due to Concerns Over Trump/Xi Meeting
Soybeans are trading with sharp losses out of the weekend, down 11 to 32 cents. Futures rounded out the Friday session with contracts down 2 to 6 ¼ cents across the board, as May still held up for a 24 ½ cent gain. The cmdtyView national average Cash Bean price...
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